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Revolving utilization: Is 50% really the magic number?
Is 50% really the magic number for revolving utilization? In the latest Xpert Insights video, our product support manager Rosa Mumm reveals the best ways your clients can optimize revolving utilization for score improvement.
Related Credit Insights
Uncommon knowledge: Mortgage and consumer credit scores are quite different. What's different? How are each calculated? Why are there two scores?
Your credit card usage can make or break your mortgage loan approval. Lenders look not only at your credit score but also at your debt-to-income ratio, which includes the payments on your credit cards. So improper use of your credit cards could make it harder to get approved for a mortgage.